Lindblad Expeditions Holdings, Inc Reports 2021 Second Quarter Financial Results prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
First Quarter 2021 Highlights:
- Announced plans to resume fleet operations beginning with Alaska and the Galapagos during June 2021
- Broadened platform of high-quality experiential travel offerings with acquisition of majority stakes in leading travel operators DuVine Cycling + Adventure ( DuVine ) and Off the Beaten Path LLC ( Off the Beaten Path )
- Continued significant cost reduction measures as prepare to resume operations and ended quarter with $163.9 million in unrestricted cash and $22.4 million in restricted cash
- Strong reservations for future travel with 2022 bookings currently 39% ahead of bookings for 2021 at the same point a year ago
- Amended credit facilities to extend waiver of leverage covenants through first quarter of 2022